Finance Metals & Minerals News

Power Metal raises £2.7m via placing-subscription

Power Metal Resources plc has raised £2.715 million via a placing, including a subscription by Term Oil Inc which is controlled by American investor Rick Rule. DIRECTOR DEALING The company has conditionally issued 319,388,235 new ordinary shares of 0.1 pence each in at a price of 0.85 pence per placing share. Each placing share has an attached warrant to […]

Company Moves News Oil & Gas

Capricorn appoints Randy Neely as CEO

Capricorn Energy plc will appoint Randy Neely as its new chief executive officer from 1 June 2023. Mr Neely is the former president and CEO of Egypt-focused operator TransGlobe Energy Corporation with operations in the Eastern and Western Deserts. He has more than 25 years’ industry experience in executive and financial roles, including chief financial […]

Metals & Minerals News

GreenRoc Mining directors buy total 435,100 shares

GreenRoc Mining plc said that two of its directors had purchased a total of 435,100 shares in the company. DIRECTORS Chief executive officer Stefan Bernstein purchased 290,000 shares each of 0.001 pence for 3.48 pence, taking his total shareholding to 1,090,000, representing 0.81% of the issued share capital. Finance director Jim Wynn purchased 145,100 shares […]

News Oil & Gas

Angus grants total 103m share options to CEO and staff

Angus Energy plc will grant 103 million share options under the company’s existing employee incentive schemes to directors and other members of staff. The grant, representing 2.87% of the company’s issued share capital, was proposed by the remuneration committee and approved by the board as part of the company’s annual share option grants. The most […]

Metals & Minerals News

CAML grants 653,580 incentive awards

Central Asia Metals plc has awarded a total 653,580 nominal cost long-term share awards over ordinary shares to its executive directors. DIRECTORS The grant yesterday, at an exercise price of $0.01 per share, was under the company’s long-term incentive plan 2022. Each LTIP award is exercisable in return for one ordinary share. Chief executive officer […]

News Oil & Gas

Harbour CEO-CFO awarded total 1.5m shares

Harbour Energy plc has granted its chief executive officer and chief financial officer a total 1,455,398 performance share awards under the company’s 2017 long term incentive plan (LTIP). The company granted CEO Linda Z. Cook (CEO) 947,955 shares awards and Alexander Kane (CFO) 507,434, each at an award price of £2.69. The grants are in […]